VeChain News

Another industry is giving the blockchain technology a try. Fashion and design empire H&M gives VeChain a test run. Arket experiments with VeChain for product tracking The company’s in-house clothing brand Arket has been experimenting with the blockchain company in order to track products. The latest rumors on Reddit and Twitter involve a pilot test, … Continue reading "The Blockchain Technology Penetrates The Fashion World: H&M Empire Gives VeChain A Try"

VeChain is being tested by H&M fashion empire for Arket – their clothing brand which is trying out the blockchain based technology to track the respective products. Before anything official was announced or declared by the in-house brand, on the social network Twitter and aggregator Reddit rumors initiated their doing. Afterwards the team from the subsidiary […]

On an official invitation by the government, VeChain (VEN) blockchain firm was at the first China International Import Expo (CIIE) to showcase solutions that will appropriately service the country’s growing market. The CIIE took place between November 5th to 10 at the National Exhibition and Convention Center (Shanghai), hosting business communities, government officials, exhibitors and … Continue reading "VeChain (VEN) Showcases Cold-Chain Logistics Solution For Estimated China’s $30 Trillion Imported Goods"

Comet, a native wallet for web browser that enables easy and direct communication with VeChainThor (VET) blockchain has surfaced. The wallet provides developers with a powerful platform that will ease the creation and distribution of dApps. It also offers a familiar environment for users to experience the unending benefits of blockchain applications. Comet Solves The … Continue reading "Good News For Developers As Comet Brings VeChainThor (VET) dApps To The Web"

The traditional means of managing data is no more fit for the dire need of secured and accurate data as statistics usage expands at exponential rate. This made Vechian’s blockchain technology evolution the imaginary answer to most companies, governments and individual’s problems. As such, the credence Vechain (VEN) is garnering across the globe has been … Continue reading "Vechain (VEN), DNVGL Receive Interest From Alliance And Government Reps Of 13 Asian Countries"

China's commitment to clean energy is already well-known. In this regard, the reduction of CO2 emissions has taken a considerable leap forward today with the news of liquified natural gas (LNG) blockchain-based solution that would be implemented by VeChain Thor. This new solution emerged after the partnership between VeChain and two of China's leading energy and gas … Continue reading "VeChain Teams Up With Leading Chinese Energy Companies to Implement Blockchain-Based Solution"

On October 22nd, Ethereum World News notified its readers that the OceanEX Crypto Exchange, was now accepting new registrations by users wishing to explore the platform built specifically for the VeChainThor (VET) ecosystem. Sign ups are still open. Once users register on the platform, they have to follow the usual KYC (Know Your Customer) procedures […]

Invest Cyprus, the government’s dedicated partner responsible for attracting and facilitating foreign direct investment in key economic sectors, has signed a memorandum of understanding (MoU) with blockchain startups VeChain Foundation and CREAM to collaborate on the development and implementation of blockchain solutions. VeChain Foundation and CREAM will establish a joint entity in Cyprus and advise […]

Singapore-based blockchain platform VeChain Foundation, U.S. blockchain startup CREAM, and the national investment partner of the Republic of Cyprus, Invest Cyprus, have signed a Memorandum of Understanding (MoU), per a press release published Oct. 26. The MoU is focused on establishing a framework in the field of blockchain technologies and related use cases. Per the […]

Back in late August, Ethereum World News had notified the crypto community on an exciting new milestone of the VeChainThor (VET) blockchain. The team at VET was excited to announce the first token minted on the blockchain: OceanEX (OCE). The latter would also be part of a crowdfunding campaign on the VET blockchain. About the OceanEX […]

What is the VeChain ?

VeChain (VEN) is a platform, based on Blockchain technology, which guarantees the traceability of any type of good and therefore improves the transparency of the life cycle of objects.

The goal of VeChain is to provide greater market transparency and to provide consumers with access to detailed information about the product they have purchased, sold or used.

VeChain provides simple and secure ways for product manufacturers to collect, manage, and share important data to vendors and end-users about the complete product lifecycle. Blockchain technology is used to ensure the security of all data.

The VeChain platform allows manufacturers to assign a unique identity to a product that will allow resellers, partners and consumers to interact with the product through the platform.

Product traceability is provided by NFC chips, RFID chips or QR codes. The chip or the QR code can be consulted at any time by the consumer, to learn more about the provenance on product.